What are the downsides to borrowing from family to fund your new venture?

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What are the downsides to borrowing from family to fund your new venture?

Oct 15th, 2015

Thank you for the opportunity to help you with your question!

Family members meddle with the venture affairs since they feel they are part of it.

Can lead to family squabbles especially when the amount has not been cleared.

Loans from family members are done informally and hence can complicate matters in future.


Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 15th, 2015

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Oct 15th, 2015
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Oct 15th, 2015
Dec 3rd, 2016
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